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Celebrus Technologies Enhances Treasury with Share Repurchase

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Celebrus Technologies Enhances Treasury with Share Repurchase

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Celebrus Technologies ( (GB:CLBS) ) has issued an update.

Celebrus Technologies plc has repurchased 50,000 of its own shares at a price of 174.00 pence per share, which will be held in treasury. This transaction adjusts the total voting rights to 39,470,308, a figure that shareholders can use to assess their interests under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CLBS) stock is a Hold with a £182.00 price target. To see the full list of analyst forecasts on Celebrus Technologies stock, see the GB:CLBS Stock Forecast page.

Spark’s Take on GB:CLBS Stock

According to Spark, TipRanks’ AI Analyst, GB:CLBS is a Neutral.

Celebrus Technologies’ overall stock score is driven by its strong profitability and solid balance sheet, but is tempered by negative cash flow trends and bearish technical indicators. The fair valuation provides some support, but liquidity concerns remain a significant risk.

To see Spark’s full report on GB:CLBS stock, click here.

More about Celebrus Technologies

Celebrus Technologies plc is a company focused on enhancing brand-consumer relationships through data. It supports clients in various sectors including financial services, retail, travel, healthcare, and telecommunications across over 27 countries. The company offers the Celebrus data product suite, which captures, contextualizes, and activates user-based behavioral data in real-time, aiding in fraud prevention and decision-making. Celebrus operates globally with offices in the UK, USA, and India, and is compliant with major data privacy regulations.

Average Trading Volume: 109,585

Technical Sentiment Signal: Sell

Current Market Cap: £68.77M

See more insights into CLBS stock on TipRanks’ Stock Analysis page.

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